Home Experts: Local News
Energy Programs From Alaska Housing Finance Corporatiion (AHFC)
Story Updated: Mar 15, 2011
Alaska Housing Finance Corporation (AHFC) offers a variety of nationally recognized, award winning & innovative energy programs to serve the needs of Alaskans:
Alaska State Energy Office
The AHFC Research and Rural Development Division (R2D2) is the designated Alaska State Energy Office. It is the primary recipient of federal funds for the Weatherization Assistance Program (WAP), State Energy Program (SEP), and the Energy Efficiency Community Block Grants (EECBG), for renewable energy and energy efficiency in Alaska. AHFC works with the Alaska Energy Authority (AEA) to implement these programs.
Building Energy Efficiency Standard (BEES)
Meeting the Alaska Building Energy Efficiency Standard (BEES) is required for all new residential homes and community-owned buildings receiving AHFC financing. Exceeding BEES may qualify individuals for special loans and rebates. The current standard is the 2006 International Energy Conservation Code (IECC) with Alaska Specific Amendments. AHFC is responsible for BEES, provides technical assistance and maintains a list of individuals who may verify BEES compliance on the required PUR-101 form.
- AkWarmTM Energy Raters - AHFC authorized individuals perform energy ratings to show compliance with Alaska Building Energy Efficiency Standards (BEES) and energy efficient loans and rebates. AHFC maintains a list of AkWarmTM energy raters and training requirements.
- AkWarmTM Software - This AHFC software is used for energy efficient design, retrofit, or to determine an energy rating. Tested and approved by the U.S. Department of Energy. Energy use data is stored in the Alaska Retrofit Information System (ARIS) database.
Loans for Homes
- Energy Efficiency Interest Rate Reduction Programcombined with the Home Energy Rebate or New Home Rebate.
- Second Mortgage Program for Energy Conservation - Homeowners may finance up to $30,000 of energy efficient improvements, choosing from a list of upgrades included on their home energy rating. It's often combined with a Home Energy Rebate
- Association Loan Program - Homeowners' Associations may borrow money for common area improvements, including energy upgrades.
- Small Building Material Loan - Borrowers with residential property located in "small communities" may receive a home improvement loan of up to $20,000. Improvements may include energy-efficiency and renewable energy.
Loans for Buildings
- Alaska Energy Efficiency Revolving Loan Fund - A loan fund established to finance energy-efficiency improvements to State, school district, university and municipal buildings in Alaska.
- Appliance Rebate - Alaskans with proven disabilities may receive a rebate for purchasing certain Energy Star appliances. Rebates vary from $150 to $500 per appliance.
- Home Energy Rebate Program - The rebate program assists homeowners in making the best energy efficiency improvements to their home. The program requires an AkWarmTM energy rater to evaluate the home before and after the improvements. The more a home's energy efficiency improves, the greater the potential rebate. Maximum rebate is $10,000.
- New Home Rebate - A $7500 rebate for the purchase of a newly constructed 5 Star Plus home.